Global Oil Demand Growth Slows: WTI Prices Plummet 4% Amid IEA Forecasts
WTI prices fell over 4% as the IEA predicts slower global oil demand growth for 2025 and 2026, alongside unexpected increases in US crude inventories raising supply concerns.
oil demand News
OPEC Adjusts 2025 Global Oil Demand Forecast to 1.3M bpd Amid Economic Shifts
OPEC revises its 2025 global oil demand growth forecast down to 1.3M bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied demand growth adjustments, with a s...
OPEC Adjusts 2025 Oil Demand Forecast to 1.3M bpd Amid Global Economic Shifts
OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd, citing first-quarter data and U.S. tariffs. Adjustments in OECD and non-OECD demand projections are also ...
OPEC Adjusts 2025 Oil Demand Forecast Downward Amid Global Economic Shifts
OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd, citing Q1 data and U.S. tariffs, with adjusted projections for OECD and non-OECD countries.
OPEC Slashes 2025 Oil Demand Growth Forecast to 1.3M bpd Amid Economic Shifts
OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied growth rates, with overall d...
OPEC Adjusts 2025 Oil Demand Forecast Downward to 1.3M bpd Amid Global Economic Shifts
OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd due to Q1 data and U.S. tariffs, with OECD and non-OECD countries seeing adjusted growth rates.
OPEC Lowers 2025 Oil Demand Growth Forecast to 1.3M bpd Amid Global Economic Shifts
OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing first-quarter data and U.S. tariffs. OECD and non-OECD countries show varied demand adjustme...
OPEC Holds Steady on 2025 Global Oil Demand Growth Forecast Amid Economic Shifts
OPEC's March report forecasts a stable global oil demand growth of 1.4 million bpd for 2025, with significant contributions from non-OECD countries. The total world oil demand is r...
OPEC Maintains Steady Oil Demand Outlook for 2025 Amid Global Economic Shifts
OPEC maintains its global oil demand growth forecast for 2025 at 1.4 million barrels per day, driven by strong air travel, road mobility, and industrial activities in non-OECD coun...
IEA Adjusts Oil Demand Projections: Lower 2024, Higher 2025
The IEA has revised its global oil demand growth forecasts, projecting 840,000 bpd for 2024 and 1.1 million bpd for 2025, reflecting changes in the energy market.
OPEC Lowers Global Oil Demand Growth Forecast Amid Uncertainty
OPEC has revised its global oil demand growth forecast for 2024 to 1.6 million barrels per day, down from 1.8 million. Total world oil demand is expected to reach 105.5 million bar...
